Regulatory Alerts2021-11-10
INS-S-2-13 Trust Account and Returns
The regulator issues INS-S-2-13 to require licensed entities to maintain compliant trust accounts and submit periodic returns. This directive establishes standardized reporting formats, audit timelines, and digital submission protocols for client fund management. Updated in October 2024 to version 28, the guidelines streamline compliance through revised fee structures and updated record-keeping mandates.
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